News for hackers. Stuff that matters.

A comment on Americans Are Paying $38 to Collect $1 of Student Debt. Parent comment

Re:Americans Are Paying $38 to Collect $1 of Student Debt by RHSeeger on Saturday May 20, 2017 @12:08AM (#14380982)
Are you talking about PLUS loans? Because those ARE loaning money from parents; it's just that the parents borrowed the money to loan it and it's the parent's responsibility to pay it off. The government loan isn't to the child in the first place.

Or am I misunderstanding?

[ Parent | on HN ]
Re:Americans Are Paying $38 to Collect $1 of Student Debt by kpwagner on Saturday May 20, 2017 @03:53PM (#14384049)
I don't know the difference. Only that my parents have loans from my undergrad, and I can choose to just not pay them, but I'm not a piece of shit (aka, my younger two siblings). But those loans can not get adjusted payments based on my income.
[ Parent | on HN ]